Cyber attacks increasingly targeting physical infrastructure, says TrendMicro report

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If ongoing studies in transportation security are any indication, attacks may be heading in a direction that could turn hacking into a more physical concern.

Trend Micro revealed it’s Q2 Security Roundup Report at CLOUDSEC 2015. It revealed that the nature of attacks is evolving – no longer are just corporate networks at risk. Cybercriminals are also attacking Internet-connected physical infrastructure such as petrol stations and automated vehicular systems. If ongoing studies in transportation security are any indication, attacks may be heading in a direction that could turn hacking into a more physical concern. A successful airline hack, for example, could mean serious trouble in the skies.

The advancement of the internet has brought about many tangible benefits for businesses and society, and in line with that, business models are evolving to take advantage of this new digital reality. However, there is now so much interdependence. Much akin to the global financial system, businesses, organizations, governments and people today are so interlinked to one another via the internet that a disruption can create a domino effect which jeopardizes the entire network. And this is what can happen with the increasing intensity and frequency of cyberattacks around the globe.

“Everything is evolving to take advantage of today’s new digital reality. Disruptive technologies will produce large, complex and intelligent hyper-connected networks and cybercriminals will certainly follow technology disruption closely to develop and launch attacks in unexpected ways. In such scenario, it becomes even more imperative to have platforms like CLOUDSEC to better comprehend and combat cybercriminals,” said Raimund Genes, Chief Technology Officer, Trend Micro
 
“The networked nature of today’s world, coupled with the increasing intensity and frequency of cyberattacks, means that we might just be a major attack or two away from creating a domino effect that could spread around the globe disrupting business and society,” said Dhanya Thakkar, Managing Director, Asia Pacific, Trend Micro. “However, the cumulative intelligence of the security community is exponentially more than the sum of its parts. This is the true value of a platform like CLOUDSEC, which helps attendees better understand and navigate today’s cybersecurity issues and challenges.”

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